Removal from the West Bromwich Mortgage Company and other lender panels: Why they do it and how to get reinstated
- West Bromwich Mortgage Company may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Persistent delays in registering security on behalf of West Bromwich Mortgage Company Delays or failure to register the West Bromwich Mortgage Company charge may result in referral to external lawyers of West Bromwich Mortgage Company to complete outstanding requirements.
- Non-compliance with the West Bromwich Mortgage Company panel requirements, the written instructions that West Bromwich Mortgage Company give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which West Bromwich Mortgage Company may subsequently subscribe.
- Your practice fails to meet the criteria to remain on the West Bromwich Mortgage Company conveyancing panel
- Significant delays in post completion requirements set by West Bromwich Mortgage Company
Frequently asked questions concerning West Bromwich Mortgage Company panel reinstatement
- Is there a charge to be reinstated onto the West Bromwich Mortgage Company conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement was declined?
- Do any avenues remain open if my firm’s reinstatement panel application with West Bromwich Mortgage Company is rejected?
- How long does the application process take when applying to revert back onto the West Bromwich Mortgage Company conveyancing panel?
- Can you outline the application process to be reinstated onto the West Bromwich Mortgage Company conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking West Bromwich Mortgage Company panel reinstatement is to ensure that your firm is not removed off of the West Bromwich Mortgage Company conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the West Bromwich Mortgage Company conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to West Bromwich Mortgage Company directly or via their appointed panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the West Bromwich Mortgage Company conveyancing panel.